South American weather and export sales were the focus today.

NOAA released updated US long term weather forecasts on Thursday. For January they see below normal precipitation mid-Kansas through Texas. For January through March they see below normal precipitation Nebraska through Texas. This continues the theme of drying conditions as the winter progresses for hard red winter wheat. For US corn and soybean planting, April - June, they see above normal temperatures for all but the Dakota's and Minnesota. On the precipitation side they call for normal levels for the Western Cornbelt and above normal for the East.

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